If the Fed buys $25 billion of U.S. bonds in the open market and the reserve requirement is 20 percent, M1 will eventually

A country that is printing $100,000,000,000,000 bills probably has what problem?

a. too many rich and successful people b. inflation c. market failure d. fixed incomes

Which of the following is not an important objective of development?

a. increases in per capita income b. the expansion of available choices c. increases in individual and national self-esteem d. all of the above are important objectives of development